Rationale report – 29.09.2023

Recommended stocks on – 29.10.2023

(1)         INDIGO  -

Ø Buy price : 2365

Ø Strong Support : 2340

Ø Resistance price : 2388 – 2395 - 2404

Reasons for Buy Recommended –

IndiGo is showing strong bullish momentum supported by record passenger demand, stable fuel costs, and technical strength.

IndiGo is consistently profitable with growing revenue per passenger (RPK).

Recommended stocks on – 29.09.2023

(2)         INDIGO  -

Ø Buy price : 2380

Ø Strong Support : 2350

Ø Resistance price : 2397 – 2508

Reasons for Buy Recommended –

The stock is showing short-term bullish momentum.

Recommended stocks on – 18.09.2023

(3)         ACC  -

Ø Buy price : 2020

Ø Strong Support : 2008

Ø Resistance price : 2038 – 2050 – 2068 - 2074

Reasons for Buy Recommended –

ACC Ltd. is a high-quality cement stock that will benefit from India’s long-term infrastructure and housing growth. With Adani Group backing, strong demand, and improving margins, ACC is a solid long-term investment.

Rationale report – 28.09.2023

Recommended stocks on – 25.09.2023

(1)         ADANI ENT. -

Ø Buy price : 2330

Ø Strong Support : 2420

Ø Resistance price : 2468 – 2488 – 2494 - 2508

Reasons for Buy Recommended –

Adani Enterprises Earnings momentum could drive the stock higher.

Adani's businesses in renewables, airports, and data centers are attracting investor interest.

FIIs/DII investments increase, momentum could continue.

Recommended stocks on – 25.09.2023

(2)         ADANI ENT. -

Ø Buy price : 2468

Ø Strong Support : 2420

Ø Resistance price : 2488 – 2494 - 2508

Reasons for Buy Recommended –

The stock is in a bullish phase, traders can look for short-term breakouts.

Rationale report – 26.09.2023

Recommended stocks on – 25.09.2023

(1)         INDIGO  -

Ø Buy price : 2360

Ø Strong Support : 2330

Ø Resistance price : 2380 – 2404

Reasons for Buy Recommended –

IndiGo is showing strong bullish momentum supported by record passenger demand, stable fuel costs, and technical strength.

IndiGo is consistently profitable with growing revenue per passenger (RPK).

Recommended stocks on – 25.09.2023

(2)         ADANI ENT. -

Ø Buy price : 2330

Ø Strong Support : 2420

Ø Resistance price : 2468 – 2488 – 2494 - 2508

Reasons for Buy Recommended –

Adani Enterprises Earnings momentum could drive the stock higher.

Adani's businesses in renewables, airports, and data centers are attracting investor interest.

FIIs/DII investments increase, momentum could continue.

Recommended stocks on – 25.09.2023

(3)         ADANI ENT. -

Ø Buy price : 2468

Ø Strong Support : 2420

Ø Resistance price : 2488 – 2494 - 2508

Reasons for Buy Recommended –

The stock is in a bullish phase, traders can look for short-term breakouts.

Recommended stocks on – 18.09.2023

(4)         ACC  -

Ø Buy price : 2020

Ø Strong Support : 2008

Ø Resistance price : 2038 – 2050 – 2068 - 2074

Reasons for Buy Recommended –

ACC Ltd. is a high-quality cement stock that will benefit from India’s long-term infrastructure and housing growth.

With Adani Group backing, strong demand, and improving margins, ACC is a solid long-term investment.

Rationale report – 25.09.2023

Recommended stocks on – 25.09.2023

(1)         INDIGO  -

Ø Buy price : 2360

Ø Strong Support : 2330

Ø Resistance price : 2380 – 2404

Reasons for Buy Recommended –

IndiGo is showing strong bullish momentum supported by record passenger demand, stable fuel costs, and technical strength.

IndiGo is consistently profitable with growing revenue per passenger (RPK).

Recommended stocks on – 25.09.2023

(2)         ADANI ENT. -

Ø Buy price : 2330

Ø Strong Support : 2420

Ø Resistance price : 2468 – 2488 – 2494 - 2508

Reasons for Buy Recommended –

Adani Enterprises Earnings momentum could drive the stock higher.

Adani's businesses in renewables, airports, and data centers are attracting investor interest.

FIIs/DII investments increase, momentum could continue.

Recommended stocks on – 25.09.2023

(3)         ADANI ENT. -

Ø Buy price : 2468

Ø Strong Support : 2420

Ø Resistance price : 2488 – 2494 - 2508

Reasons for Buy Recommended –

The stock is in a bullish phase, traders can look for short-term breakouts.

Rationale report – 19.09.2023

Recommended stocks on – 19.09.2023

(1)         INDIGO  -

Ø Buy price : 2396

Ø Strong Support : 2350

Ø Resistance price : 2413 - 2427 - 2440

Reasons for Buy Recommended –

IndiGo is showing strong bullish momentum supported by record passenger demand, stable fuel costs, and technical strength.

IndiGo is consistently profitable with growing revenue per passenger (RPK).

Rationale report – 18.09.2023

Rationale report – 18.09.2023

Recommended stocks on – 18.09.2023

(1)         ACC  -

Ø Buy price : 2030

Ø Strong Support : 1990

Ø Resistance price : 2047 - 2053 – 2060 - 2080

Reasons for Buy Recommended –

ACC Ltd. is a high-quality cement stock that will benefit from India’s long-term infrastructure and housing growth.

With Adani Group backing, strong demand, and improving margins, ACC is a solid long-term investment.

Recommended stocks on – 19.09.2023

(2)         INDIGO  -

Ø Buy price : 2396

Ø Strong Support : 2350

Ø Resistance price : 2413 - 2427 - 2440

Reasons for Buy Recommended –

IndiGo is showing strong bullish momentum supported by record passenger demand, stable fuel costs, and technical strength.

IndiGo is consistently profitable with growing revenue per passenger (RPK).

Recommended stocks on – 01.09.2023

(3)         PNB  -

Ø Buy price : 65

Ø Strong Support : 55

Ø Resistance price : 68 - 72 - 80 - 88 - 93 -102

Reasons for Buy Recommended –

Technical analysis indicates a neutral positive outlook with a target price above current levels.

Rationale report – 15.09.2023

Recommended stocks on – 14.09.2023

(1)         ADANI ENT. -

Ø Buy price : 2508

Ø Strong Support : 2474

Ø Resistance price : 2533 – 2547 – 2564 - 2570

Reasons for Buy Recommended –

Adani Enterprises Earnings momentum could drive the stock higher.

Adani's businesses in renewables, airports, and data centers are attracting investor interest.

FIIs/DII investments increase, momentum could continue.

Recommended stocks on – 14.09.2023

(2)         ADANI ENT. -

Ø Buy price : 2536

Ø Strong Support : 2490

Ø Resistance price : 2550 – 2564 - 2570

Reasons for Buy Recommended –

The stock is in a bullish phase, traders can look for short-term breakouts.

Recommended stocks on – 13.09.2023

(3)         M & M -

Ø Buy price : 1540

Ø Strong Support : 1530

Ø Resistance price : 1555 – 1570 – 1583 - 1600

Reasons for Buy Recommended –

Mahindra & Mahindra is bullish in the short term, backed by strong auto sales, EV growth, and favorable industry trends. Lower steel & raw material costs improving margins.

Benefiting both SUV & tractor segments.

Recommended stocks on – 13.09.2023

(4)         M & M -

Ø Buy price : 1555

Ø Strong Support : 1530

Ø Resistance price : 1583 – 1590 - 1600

Reasons for Buy Recommended –

Mahindra & Mahindra (M&M) is one of India's leading automobile companies, with strong market leadership in SUVs, tractors, and electric vehicles (EVs). The stock is showing short-term bullish momentum due to strong sales, positive sentiment in the auto sector, and technical strength.